Summaries of health policy coverage from major news organizations

CalPERS Receives $12.7M Settlement Over Investments

On Monday, CalPERS announced that the accounting firm Ernst & Young has agreed to pay the pension fund $12.75 million in a settlement over a bond assessment. CalPERS took legal action against the firm in 2011 claiming that it made false statements about the financial viability of some Lehman Brothers stocks and bonds.